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Share prices boosted by positive news

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http://www.euronews.net/ European share prices have bounced back on Wednesday after euro zone finance ministers agreed to safeguard banks from the spreading sovereign debt crisis and an IMF director said it might offer support by buying Spanish and Italian government bonds.

Even the Milan bourse is performing well, despite Moody’s lowering Italy’s credit rating because of its high levels of debt, something which made analyst Robert Halver of Baader Bank in Frankfurt suspicious.

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